Air Products and Chemicals, Inc. (APD)

NYSE: APD · Real-Time Price · USD
330.37
-1.19 (-0.36%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-0.36%
Market Cap 73.45B
Revenue (ttm) 12.10B
Net Income (ttm) 2.57B
Shares Out 222.31M
EPS (ttm) 11.54
PE Ratio 28.70
Forward PE 24.79
Dividend $7.08 (2.14%)
Ex-Dividend Date Oct 1, 2024
Volume 721,606
Open 330.09
Previous Close 331.56
Day's Range 326.92 - 330.57
52-Week Range 212.24 - 332.43
Beta 0.83
Analysts Buy
Price Target 316.93 (-4.07%)
Earnings Date Nov 7, 2024

About APD

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufa... [Read more]

Sector Materials
IPO Date Jan 1, 1987
Employees 23,000
Stock Exchange NYSE
Ticker Symbol APD
Full Company Profile

Financial Performance

In 2023, APD's revenue was $12.60 billion, a decrease of -0.78% compared to the previous year's $12.70 billion. Earnings were $2.30 billion, an increase of 1.95%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for APD stock is "Buy." The 12-month stock price forecast is $316.93, which is a decrease of -4.07% from the latest price.

Price Target
$316.93
(-4.07% downside)
Analyst Consensus: Buy
Stock Forecasts

News

ESG-Driven Green Hydrogen Risk At The Center Of Air Products Dispute

A growing controversy over the ESG-driven capital allocation strategies of industrial gas provider Air Products illustrates the sorts of challenges so many American companies face related to the energ...

2 days ago - Forbes

D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products

Both activists want to address CEO succession planning and capital allocation at the company.

3 days ago - CNBC

Air Products to Broadcast Fiscal Fourth Quarter Earnings Teleconference on November 7, 2024

LEHIGH VALLEY, Pa. , Oct. 14, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 fourth quarter financial results prior to market open on Thursday, November 7, 2024 and will rev...

8 days ago - PRNewsWire

D.E. Shaw Calls for Improvements at Air Products & Chemicals

The hedge fund called for changes at Air Products aimed at addressing underperformance and deficiencies in governance and capital allocation policies.

12 days ago - WSJ

Hedge fund D.E. Shaw nominates three directors at Air Products, has $1 billion stake

Multi-strategy hedge fund D.E. Shaw nominated three directors to Air Products and Chemical's board, and is pushing for the company to return to historically successful business practices.

12 days ago - CNBC

Faber Report: D.E. Shaw gets active in Air Products

CNBC's David Faber delivers his latest Faber Report.

12 days ago - CNBC Television

The D. E. Shaw Group Calls for Air Products and Chemicals to Address Longstanding Underperformance

Reiterates the Need for the Board to Engage in Proper Succession Planning and Insist on a More Rigorous Capital Allocation Policy NEW YORK , Oct. 10, 2024 /PRNewswire/ -- The D. E. Shaw group, a globa...

12 days ago - PRNewsWire

Air Products Stock Jumps as Activist Investor Pushes Strategy Shift

Air Products and Chemicals (APD) shares soared on Monday following reports that activist investor Mantle Ridge has acquired a stake worth more than $1 billion in the industrial gas provider and plans ...

15 days ago - Investopedia

APD Stock Climbs as Activist Investor Takes Significant Stake

Air Products & Chemicals (APD, Financial) shares surged by 7.93% recently following the news of a significant activist investment. Mantle Ridge, an investment firm, has acquired over $1 billion in sha...

15 days ago - GuruFocus

One Billion Stake By Mantle Ridge For The Betterment of Air Products

Mantle Ridge hedge fund has recently stepped into the industrial gas space by purchasing $1 billion of Air Products (APD, Financial) shares. Mantle Ridge is known as an activist investor that actively...

15 days ago - GuruFocus

Air Products Stock Is Top Performer in S&P 500. Here's Why.

Shares of the industrial gas seller are rising after a media report says an activist investor has built a stake of more than a $1 billion in the company.

15 days ago - Barrons

This Alibaba Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: BABACPNGNFLXPDD
15 days ago - Benzinga

Activist firm Mantle Ridge has $1 billion-plus stake in Air Products

Activist investor Mantle Ridge has a $1 billion-plus stake in industrial gas supplier Air Products and Chemicals, according to a person familiar with the matter. Mantle Ridge, run by Paul Hilal, is se...

18 days ago - CNBC

Activist Mantle Ridge Has Over $1 Billion Stake in Air Products

Mantle Ridge, run by Paul Hilal, plans to push executives at the industrial gas manufacturer on succession planning for Chief Executive Seifi Ghasemi and for improvements to the company's strategy and...

18 days ago - WSJ

Air Products and Chemicals: Scoop Up This Dividend Aristocrat Now

Air Products and Chemicals has hiked its payout to shareholders for 41 consecutive years. The industrial gases giant's adjusted EPS climbed higher in the fiscal third quarter. Air Products and Chemica...

19 days ago - Seeking Alpha

Air Products Completes $1.81 Billion Sale of Liquefied Natural Gas Process Technology and Equipment Business to Honeywell

Strategic divestiture reflects Air Products' commitment to its industrial gases and clean hydrogen growth strategy All related assets, intellectual property, manufacturing capability, and personnel ha...

22 days ago - PRNewsWire

Buy 4 September Dividend Aristocrats And Watch 6

The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.

6 weeks ago - Seeking Alpha

Air Products and Chemicals, Inc. (APD) Jefferies Industrials Conference - (Transcript)

Air Products and Chemicals, Inc. (NYSE:APD) Jefferies Industrials Conference Call September 4, 2024 8:05 AM ET Company Participants Sidd Manjeshwar - Vice President, Investor Relations Conference Cal...

6 weeks ago - Seeking Alpha

Air Products and Chemicals: Dividend Aristocrat With A Green Future

Air Products and Chemicals offers a strong track record of value creation, robust profitability, and a strategic focus on clean hydrogen technology. With a healthy balance sheet, an 'A' credit rating,...

7 weeks ago - Seeking Alpha

Why Air Products & Chemicals Deserves A Spot In Your Portfolio

Air Products & Chemicals (APD) is a resilient Dividend Aristocrat with 41 consecutive years of dividend hikes and a 9% annual growth rate since 2014. APD's strategic focus on core industrial gases and...

7 weeks ago - Seeking Alpha

Air Products and Tatung Forever Energy Sign Power Purchase Agreement for Solar Electricity in Taiwan

TAIPEI, Taiwan , Aug. 28, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agre...

7 weeks ago - PRNewsWire

Air Products' Vice President, Investor Relations, to Speak at Jefferies Industrials Conference on September 4

LEHIGH VALLEY, Pa. , Aug. 28, 2024 /PRNewswire/ -- Air Products today announced that Sidd Manjeshwar, vice president, Investor Relations, will speak at Jefferies Industrials Conference on Wednesday, S...

7 weeks ago - PRNewsWire

Air Products & Chemicals A Top Ranked Dividend Stock With 2.6% Yield

Air Products & Chemicals has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.6% yield, as well as a supe...

2 months ago - Forbes

Air Products Publishes 2024 Sustainability Report - "Generating a Cleaner Future"

Latest Report Discusses Company's Sustainability Performance and Progress, Setting of Additional Goals, and Efforts to Accelerate the Clean Energy Transition  LEHIGH VALLEY, Pa. , Aug. 8, 2024 /PRNews...

2 months ago - PRNewsWire

Air Products and Chemicals: EPS Beat And Solid Execution

Air Products and Chemicals released strong Q3 2024 results, exceeding EPS guidance and confirming a positive outlook. Recent transactions and agreements show APD's liquidation value and growth potenti...

2 months ago - Seeking Alpha